Tesgas Balance Sheet Health
Financial Health criteria checks 5/6
Tesgas has a total shareholder equity of PLN88.8M and total debt of PLN5.6M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are PLN118.4M and PLN29.6M respectively. Tesgas's EBIT is PLN4.2M making its interest coverage ratio 3.2. It has cash and short-term investments of PLN25.5M.
Key information
6.3%
Debt to equity ratio
zł5.57m
Debt
| Interest coverage ratio | 3.2x |
| Cash | zł25.46m |
| Equity | zł88.76m |
| Total liabilities | zł29.61m |
| Total assets | zł118.37m |
Recent financial health updates
No updates
Recent updates
Returns Are Gaining Momentum At Tesgas (WSE:TSG)
Aug 02
We Like These Underlying Return On Capital Trends At Tesgas (WSE:TSG)
Feb 25We Think That There Are More Issues For Tesgas (WSE:TSG) Than Just Sluggish Earnings
Nov 28Tesgas (WSE:TSG) Might Have The Makings Of A Multi-Bagger
Nov 21Returns Are Gaining Momentum At Tesgas (WSE:TSG)
Aug 20Should You Be Adding Tesgas (WSE:TSG) To Your Watchlist Today?
Jul 02Tesgas (WSE:TSG) Might Have The Makings Of A Multi-Bagger
May 14Here's Why I Think Tesgas (WSE:TSG) Might Deserve Your Attention Today
Apr 01We Like These Underlying Trends At Tesgas (WSE:TSG)
Feb 05Do Tesgas's (WSE:TSG) Earnings Warrant Your Attention?
Dec 30Does Tesgas' (WSE:TSG) CEO Salary Compare Well With The Performance Of The Company?
Dec 03
Financial Position Analysis
Short Term Liabilities: TSG's short term assets (PLN62.5M) exceed its short term liabilities (PLN21.4M).
Long Term Liabilities: TSG's short term assets (PLN62.5M) exceed its long term liabilities (PLN8.2M).
Debt to Equity History and Analysis
Debt Level: TSG has more cash than its total debt.
Reducing Debt: TSG's debt to equity ratio has increased from 0.5% to 6.3% over the past 5 years.
Debt Coverage: TSG's debt is well covered by operating cash flow (385.5%).
Interest Coverage: TSG's interest payments on its debt are well covered by EBIT (3.2x coverage).